Mulkia-Gulf REIT’s unit holders to vote on new acquisitions on June 7

27/05/2018 Argaam

Unit holders of Mulkia-Gulf Real Estate REIT are set to vote on proposed acquisitions on Thursday June 7, fund manager Mulkia Investment Co. said in a bourse statement.

 

The new acquisitions include:

 

 - A 24 percent stake of Vivienda Villas, a residential commercial complex in Riyadh, for a value of SAR 30.75 million. The fund had previously acquired 76 percent of the complex.

 

- A commercial building leased by Al Olayan Food Services Company in Jeddah for a value of SAR 15.56 million.

 

- A commercial building leased by Al Olayan Food Services Company in the northern district of Abhur, Jeddah, valued at SAR 7.34 million.

 

- A commercial building leased by Al Olayan Food Services Company in Khamis Mushait with a value of SAR 13.06 million.

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